Investor Presentaiton
L
Solid Economic Indicators
9
NWE Electric Customers
(Thousands)
450
430
410
390
391
Electric
Customers Growth vs National Average
Customer Growth CAGR 2008-2019:
NWE 1.12% vs National Avg 0.77%
Natural Gas
NWE Gas Customers
(Thousands)
275
285
280
Customer Growth CAGR 2008-2019:
NWE 0.92% vs National Avg 0.66%
Customers and Growth vs National Average
447
300
292
295
290
270
265
261
370
260
255
350
250
T
T
'08 '09 '10 '11 "12 '13 '14
'15 '16 "17 '18 '19
120
'08
'09
'10
'11
112 '13 "14
'15
'16
'17
'18
'19
'20
Source: Company 10K's, 2018/2019 EEI Statistical Yearbook - Table 7.1 and EIA.gov
5%
Projected Population Growth 2021 - 2026
(cumulative growth)
4%
3%
2%
3.95%
4.04%
2.91%
2.80%
1%
0%
US National Average
Montana
Source: Claritas via S&P Global Market Intelligence 2-18-21
South Dakota
Nebraska
• Customer growth rates historically exceed National Averages.
.
Projected population growth in our service territories better than the National Average.
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